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NetSuite ERP vs Oracle Fusion Cloud ERP comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Oct 8, 2024
 

Categories and Ranking

NetSuite ERP
Ranking in Cloud ERP
1st
Average Rating
7.8
Reviews Sentiment
7.4
Number of Reviews
35
Ranking in other categories
Activity Based Costing Software (5th), Billing Software (1st)
Oracle Fusion Cloud ERP
Ranking in Cloud ERP
2nd
Average Rating
8.2
Reviews Sentiment
7.2
Number of Reviews
43
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of December 2024, in the Cloud ERP category, the mindshare of NetSuite ERP is 34.9%, up from 30.5% compared to the previous year. The mindshare of Oracle Fusion Cloud ERP is 34.7%, up from 28.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Cloud ERP
 

Featured Reviews

Venkat Sudni - PeerSpot reviewer
It's a user-friendly cloud-based solution that startups and small businesses can afford
Setting up NetSuite ERP is pretty straightforward. It's a plug-and-play solution that comes with the default bundle. We uploaded our GLs and charter accounts and added our company code to the architecture. It can be up and running in under a month. It takes at least five people to deploy NetSuite.
PR1 - PeerSpot reviewer
A fusion product that excels in multiple facets
The initial setup is easy. It has made life easier compared to other ERPs in the market. Oracle Fusion Cloud ERP offers features like spreadsheet loaders and integration tools that facilitate data migration from legacy systems to the new ERP version. These tools provide a plug-and-play interface, simplifying data input for functional and technical personnel. Earlier, It was a day-to-day job of inserting the data; migration was complex, and keeping track was difficult. Migration and tracking are streamlined with Fusion Cloud ERP, and tasks such as importing and exporting data are more straightforward. I would rate the initial setup a nine out of ten, where one is complex and ten is easy. The availability of connectivity tools, learning resources, and Oracle MetaLink support greatly aids users during implementation. The supportive community, including the Oracle ERP community, provides valuable assistance.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"The most valuable feature is that it works according to how the Internet works."
"The most valuable aspect of NetSuite ERP is the multi-subsidiary portion, it is the strongest across all the other ERPs. If you want to do consolidations, it works a lot better than other tools."
"NetSuite ERP is a user-friendly cloud-based solution that posts into the GL in real time. You can see your profitability at the order level."
"We use it for the projects we do in the telecom industry."
"NetSuite ERP is good for a trading company that involves buying and selling."
"We leverage the core platform but are able to add additional functionality for ease of use, tailored processes, and industry related reporting."
"Every year, they release a new version."
"NetSuite is significantly more affordable than Oracle EBS and offers a wider range of features than other OEMs."
"It provides our management a real-time view of operations."
"The solution is user-friendly with a good integration layer."
"It fosters adoption of a shared services center model."
"I like the tool’s financial and human capital management features."
"Oracle ERP Cloud is a stable solution."
"The solution saves time and money."
"Oracle ERP Cloud is a well-established and well-known product that is cost-effective for the customer."
"I find the most valuable feature for the solution to be the company is always evolving by making the product better with continual updates."
 

Cons

"In NetSuite ERP, they should focus on offering better customization options."
"The custom reports could be improved."
"Improvement-wise, it should be more customizable. Currently, you can't enhance the product yourself in terms of development for any applications unless you've got a very strong and big development team. Those are the skills that are in very short supply."
"The product should improve its warehouse management solution."
"The solution is not user-friendly and it is complex to use."
"The pricing is high."
"Some of the features around the payroll and payroll taxes and management of that are lacking. We had to outsource some of that because we found that the functionality isn't there."
"Many features such as local taxation and fund management are not there yet."
"The solution could benefit from improvements in project management, project execution, and project costing, especially for industries like construction."
"I would like to see Oracle improve the automation of data entry."
"Oracle ERP Cloud needs to be more mature, especially in terms of some advanced modules, such as manufacturing, supply chain planning, and production."
"The tool is very expensive in Romania."
"The solution's new analytics information, dashboard, and flexibility of reporting could be improved."
"UI is not very presentable for a cloud solution."
"In terms of areas for improvement, there are still a lot of other features that need to be incorporated into the future releases of Oracle ERP Cloud. We're hoping those would come soon because they're available in other ERP systems. For example, we used to have a lot of AME customizations in the BPM, but now we have a very limited scope, so it would be great if we could extend our scope. Currently, we are working with product teams to get through some of those solutions, and how we could implement them, so we have some workarounds to deal with, but we still have a long road ahead."
"We did face some challenges during the implementation of Oracle Fusion Cloud ERP. Certain requirements were not met by the standard functionality, so we had to customize and build custom applications on top of the solution. But overall, I think it stacks up well as a standard product."
 

Pricing and Cost Advice

"I would advise that you first meet with and scope out your project with a NetSuite VAR (Value Added Reseller)."
"Pricing for NetSuite ERP is okay, but it could be better. The licensing model for NetSuite ERP is based on the number of modules and users. The standard license covers up to twenty-five users. If you have more than twenty-five users, you'll have to buy the premium license, which would double the price. For one module with five user licenses, the cost is between $40,000 to $50,000."
"It's very competitively priced due to it being a subscription model. So, clients are quite happy with the pricing. I would rate it an eight out of ten in terms of pricing."
"NetSuite ERP has a cost per module you want to use, and then you have the license per user."
"Regarding costs, it's not just about licensing. Customization recurring costs can become expensive over five to eight years, especially with new releases. However, NetSuite ERP integrates well with third-party applications, so it can still be used for finance while another ERP is used for localized production."
"It is expensive."
"It is completely on a subscription basis. We pay yearly and, and you do not have to do anything on a monthly basis. Prices depend on the organization's scale and all those things, but they are doing a good job with the pricing."
"The price of the solution is quite high."
"Oracle Fusion Cloud ERP is reasonable and recommended for medium-sized enterprises. It might be a bit expensive for smaller businesses, but it is a good product if they have sufficient users."
"The price is average compared to other vendors. The licensing is on a yearly basis depending on the subscription pattern. There are no extra costs apart from licensing."
"The solution is moderately priced, where it is neither expensive nor cheap."
"Oracle ERP Cloud is on the expensive side."
"The solution is quite expensive."
"Oracle ERP Cloud is not a cheap solution."
"For an ERP Cloud, the pricing is relatively high."
"We pay additional costs to a consulting company."
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Top Industries

By visitors reading reviews
Educational Organization
45%
Computer Software Company
9%
Manufacturing Company
6%
Financial Services Firm
4%
Educational Organization
49%
Computer Software Company
8%
Financial Services Firm
5%
University
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

What do you like most about NetSuite ERP?
The inventory feature in NetSuite ERP is very valuable to me because it provides clear estimates about the depreciation of details and includes useful mobile modules.
What is your experience regarding pricing and costs for NetSuite ERP?
If you buy it through Europe or North America, it is quite expensive. However, if you can buy it from developing markets according to NetSuite, you can get significant discounts, up to 70%.
What needs improvement with NetSuite ERP?
Reports are good but not perfect. The custom reports could be improved. The initial setup process for reports can be a bit complicated and may require more user-friendly options. My previous compan...
What do you like most about Oracle ERP Cloud?
The user interface is the best feature.
What is your experience regarding pricing and costs for Oracle ERP Cloud?
Pricing is competitive, but a platter system similar to SAP's offerings would benefit customers more, allowing for flexible module implementation.
What needs improvement with Oracle ERP Cloud?
Oracle should offer a platter system rather than module-based licensing, similar to what SAP offers, allowing customers to implement only what they need without separate module licenses.
 

Learn More

 

Overview

 

Sample Customers

2Pure, Accuvant, Actian, Adtegrity, Advantage Sign Supply, All-Safe Pool Safety Products, Alton Lane, AMC Liquidators
Grupo Aeromexico SAB de CV, Australian Finance Group Ltd., Shelf Drilling Ltd., Boise State University, The Rancon Group, Arin Innovation, PROMATIS software GmbH, KBBO, Delaware Life Insurance, Worthington Industries, Solairus Aviation
Find out what your peers are saying about NetSuite ERP vs. Oracle Fusion Cloud ERP and other solutions. Updated: December 2024.
824,053 professionals have used our research since 2012.